Real Estate Investment Trusts

Equinix Inc. Common Stock REIT vs Prologis Inc.

WatchlistEQIX / PLDPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($118B vs $96B) in Nasdaq's "Real Estate Investment Trusts" industry; SEC SIC 6798 / 6798 (same major group); #2 and #3 by market value ($118B vs $96B) with SEC SIC 6798 (Real Estate Investment Trusts).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Co-movement: daily return correlation, 252 sessions: 0.21 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -1.30 (needs <= -2.873 (5% critical value))
Business leadership

EQIX is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearEQIXPLDLarger
2025$9.2B$8.8BEQIX
2024$8.7B$8.2BEQIX
2023$8.2B$8.0BEQIX
2022$7.3B$6.0BEQIX
2021$6.6B$4.8BEQIX
2020$6.0B$4.4BEQIX

EQIX led in every year with figures for both. Market value: EQIX $96.3B, PLD $117.6B.

Stock leadership

EQIX is ahead now

Measured against the pair's own last 252 trading days.

EQIX leads PLD by 0.71 standard deviations: +7.3% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
EQIX-12.1%-14.6%+15.9%
PLD-14.2%-11.0%+0.5%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.21 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.30 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 44.13 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

EQIX Equinix Inc. Common Stock REIT PLD Prologis Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
80100120Oct 2024Oct 2025Oct 2026
Spread z-score: EQIX relative to PLD, against the 252 sessions before each day. Above 0: EQIX ahead; below 0: PLD ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateEQIX indexPLD indexzAhead
2026-10-22106.41103.40+0.71EQIX ahead
2026-10-21111.15104.16+1.08EQIX ahead
2026-10-20110.30104.06+1.03EQIX ahead
2026-10-19108.99101.30+1.19EQIX ahead
2026-10-16110.14102.65+1.17EQIX ahead
2026-10-15111.29103.62+1.18EQIX ahead
2026-10-14111.25106.50+0.90EQIX ahead
2026-10-13113.87109.02+0.91EQIX ahead
2026-10-12115.35108.14+1.13EQIX ahead
2026-10-09114.62105.71+1.31EQIX ahead
2026-10-08112.95105.54+1.18EQIX ahead
2026-10-07115.26103.92+1.56EQIX ahead
2026-10-06117.00105.04+1.62EQIX ahead
2026-10-05114.33104.56+1.44EQIX ahead
2026-10-02114.58105.23+1.41EQIX ahead
2026-10-01113.08104.64+1.34EQIX ahead
2026-09-30113.00105.99+1.21EQIX ahead
2026-09-29113.41108.25+1.03EQIX ahead
2026-09-28112.94108.11+1.01EQIX ahead
2026-09-25112.61108.61+0.93EQIX ahead
2026-09-24115.59109.24+1.16EQIX ahead
2026-09-23115.91109.36+1.18EQIX ahead
2026-09-22118.33110.92+1.26EQIX ahead
2026-09-21118.10110.87+1.25EQIX ahead
2026-09-18114.09110.07+0.97EQIX ahead
2026-09-17114.60110.35+0.99EQIX ahead
2026-09-16113.51109.18+1.01EQIX ahead
2026-09-15112.49110.89+0.75EQIX ahead
2026-09-14111.56110.36+0.72EQIX ahead
2026-09-11115.92110.82+1.09EQIX ahead
2026-09-10114.37109.72+1.06EQIX ahead
2026-09-09116.52110.74+1.17EQIX ahead
2026-09-08116.31113.04+0.93EQIX ahead
2026-09-04115.73112.11+0.97EQIX ahead
2026-09-03116.27112.94+0.95EQIX ahead
2026-09-02113.86111.50+0.87EQIX ahead
2026-09-01114.79114.02+0.71EQIX ahead
2026-08-31116.93114.22+0.90EQIX ahead
2026-08-28116.67114.86+0.82EQIX ahead
2026-08-27120.25115.80+1.07EQIX ahead
2026-08-26120.60116.40+1.05EQIX ahead
2026-08-25119.91117.00+0.93EQIX ahead
2026-08-24117.87117.03+0.74EQIX ahead
2026-08-21119.01115.76+0.97EQIX ahead
2026-08-20120.93114.84+1.25EQIX ahead
2026-08-19120.32115.35+1.15EQIX ahead
2026-08-18121.21114.30+1.34EQIX ahead
2026-08-17122.61114.79+1.42EQIX ahead
2026-08-14123.11115.13+1.44EQIX ahead
2026-08-13119.95115.27+1.14EQIX ahead
2026-08-12119.43114.88+1.13EQIX ahead
2026-08-11115.33113.88+0.84EQIX ahead
2026-08-10116.55113.27+1.02EQIX ahead
2026-08-07116.47114.42+0.90EQIX ahead
2026-08-06117.61113.58+1.09EQIX ahead
2026-08-05117.98114.91+1.00EQIX ahead
2026-08-04117.46113.51+1.09EQIX ahead
2026-08-03115.22117.67+0.46near the usual relationship
2026-07-31113.86118.05+0.29near the usual relationship
2026-07-30117.02119.34+0.47near the usual relationship
2026-07-29112.60118.75+0.09near the usual relationship
2026-07-28115.60120.10+0.26near the usual relationship
2026-07-27116.93120.21+0.38near the usual relationship
2026-07-24121.12120.51+0.75EQIX ahead
2026-07-23115.45118.47+0.40near the usual relationship
2026-07-22114.92118.12+0.38near the usual relationship
2026-07-21114.82122.40-0.03near the usual relationship
2026-07-20113.64120.39+0.03near the usual relationship
2026-07-17113.94122.28-0.11near the usual relationship
2026-07-16112.73122.50-0.26near the usual relationship
2026-07-15114.23117.08+0.40near the usual relationship
2026-07-14114.34116.32+0.49near the usual relationship
2026-07-13116.12116.05+0.69EQIX ahead
2026-07-10117.43115.00+0.92EQIX ahead
2026-07-09115.60115.40+0.71EQIX ahead
2026-07-08113.49115.10+0.53EQIX ahead
2026-07-07114.27117.23+0.40near the usual relationship
2026-07-06111.58114.45+0.40near the usual relationship
2026-07-02111.93113.82+0.49near the usual relationship
2026-07-01113.23111.67+0.83EQIX ahead
2026-06-30116.44110.59+1.26EQIX ahead
2026-06-29121.22113.38+1.44EQIX ahead
2026-06-26121.91114.26+1.42EQIX ahead
2026-06-25121.49114.72+1.32EQIX ahead
2026-06-24122.32115.00+1.36EQIX ahead
2026-06-23124.66118.57+1.22EQIX ahead
2026-06-22124.66117.41+1.32EQIX ahead
2026-06-18122.01114.73+1.32EQIX ahead
2026-06-17121.60115.05+1.24EQIX ahead
2026-06-16122.28119.28+0.90EQIX ahead
2026-06-15118.90121.22+0.42near the usual relationship
2026-06-12117.95121.42+0.30near the usual relationship
2026-06-11116.53120.16+0.28near the usual relationship
2026-06-10115.99119.00+0.32near the usual relationship
2026-06-09118.39120.42+0.40near the usual relationship
2026-06-08118.72116.56+0.76EQIX ahead
2026-06-05120.75117.99+0.80EQIX ahead
2026-06-04121.67117.38+0.92EQIX ahead
2026-06-03120.31115.77+0.94EQIX ahead
2026-06-02119.73114.62+0.99EQIX ahead
2026-06-01117.38113.49+0.88EQIX ahead
2026-05-29119.31117.12+0.72EQIX ahead
2026-05-28119.46118.89+0.58EQIX ahead
2026-05-27119.55119.61+0.51EQIX ahead
2026-05-26120.38119.95+0.55EQIX ahead
2026-05-22120.62119.10+0.63EQIX ahead
2026-05-21120.47118.07+0.70EQIX ahead
2026-05-20118.97118.11+0.57EQIX ahead
2026-05-19117.12116.28+0.56EQIX ahead
2026-05-18118.70116.17+0.70EQIX ahead
2026-05-15118.35114.72+0.79EQIX ahead
2026-05-14120.61116.46+0.82EQIX ahead
2026-05-13120.34115.92+0.84EQIX ahead
2026-05-12120.71117.36+0.75EQIX ahead
2026-05-11121.34117.61+0.77EQIX ahead
2026-05-08119.76117.62+0.64EQIX ahead
2026-05-07119.16116.16+0.70EQIX ahead
2026-05-06121.53116.65+0.84EQIX ahead
2026-05-05120.47114.51+0.93EQIX ahead
2026-05-04121.00113.27+1.06EQIX ahead
2026-05-01121.21115.44+0.89EQIX ahead
2026-04-30120.96115.93+0.83EQIX ahead
2026-04-29121.66113.32+1.09EQIX ahead
2026-04-28120.24115.53+0.80EQIX ahead
2026-04-27121.74114.30+1.01EQIX ahead
2026-04-24123.86116.00+1.03EQIX ahead
2026-04-23124.59116.20+1.07EQIX ahead
2026-04-22123.13115.44+1.02EQIX ahead
2026-04-21122.25115.85+0.92EQIX ahead
2026-04-20123.32118.39+0.80EQIX ahead
2026-04-17121.61118.45+0.66EQIX ahead
2026-04-16119.63116.06+0.70EQIX ahead
2026-04-15117.63114.10+0.69EQIX ahead
2026-04-14118.12112.95+0.82EQIX ahead
2026-04-13118.06111.96+0.89EQIX ahead
2026-04-10115.08111.99+0.65EQIX ahead
2026-04-09115.23112.67+0.60EQIX ahead
2026-04-08113.68112.17+0.52EQIX ahead
2026-04-07112.52108.75+0.70EQIX ahead
2026-04-06113.50108.04+0.84EQIX ahead
2026-04-02111.75109.20+0.61EQIX ahead
2026-04-01111.26108.84+0.60EQIX ahead
2026-03-31109.50107.90+0.53EQIX ahead
2026-03-30107.69105.13+0.62EQIX ahead
2026-03-27107.57105.22+0.60EQIX ahead
2026-03-26107.62105.91+0.54EQIX ahead
2026-03-25107.90106.42+0.52EQIX ahead
2026-03-24107.74106.41+0.51EQIX ahead
2026-03-23108.02106.38+0.53EQIX ahead
2026-03-20107.14104.50+0.62EQIX ahead
2026-03-19108.89107.01+0.55EQIX ahead
2026-03-18108.75107.10+0.53EQIX ahead
2026-03-17109.12108.74+0.42near the usual relationship
2026-03-16109.97109.44+0.43near the usual relationship
2026-03-13108.34107.55+0.46near the usual relationship
2026-03-12108.52107.67+0.46near the usual relationship
2026-03-11108.74109.71+0.31near the usual relationship
2026-03-10106.80111.15+0.03near the usual relationship
2026-03-09105.55110.33-0.01near the usual relationship
2026-03-06104.69109.83-0.05near the usual relationship
2026-03-05106.46112.53-0.12near the usual relationship
2026-03-04108.25113.81-0.07near the usual relationship
2026-03-03108.58115.10-0.15near the usual relationship
2026-03-02107.92116.51-0.31near the usual relationship
2026-02-27108.83116.38-0.23near the usual relationship
2026-02-26105.90116.46-0.49near the usual relationship
2026-02-25107.30114.31-0.21near the usual relationship
2026-02-24106.33114.53-0.31near the usual relationship
2026-02-23105.63114.89-0.40near the usual relationship
2026-02-20103.68115.52-0.62PLD ahead
2026-02-19102.55113.50-0.57PLD ahead
2026-02-18103.24113.98-0.55PLD ahead
2026-02-17106.34115.73-0.43near the usual relationship
2026-02-13106.81113.44-0.21near the usual relationship
2026-02-12107.00111.33-0.03near the usual relationship
2026-02-1196.91114.19-1.15PLD ahead
2026-02-1095.70114.68-1.31PLD ahead
2026-02-0995.82112.07-1.11PLD ahead
2026-02-0694.74111.80-1.19PLD ahead
2026-02-0590.21111.13-1.60PLD ahead
2026-02-0489.60110.07-1.59PLD ahead
2026-02-0389.57107.66-1.40PLD ahead
2026-02-0290.53105.86-1.16PLD ahead
2026-01-3091.70106.58-1.11PLD ahead
2026-01-2992.28106.46-1.06PLD ahead
2026-01-2891.17103.78-0.94PLD ahead
2026-01-2790.43105.06-1.14PLD ahead
2026-01-2690.07103.21-1.02PLD ahead
2026-01-2388.39103.80-1.25PLD ahead
2026-01-2288.56103.40-1.21PLD ahead
2026-01-2188.86107.05-1.51PLD ahead
2026-01-2087.60106.78-1.63PLD ahead
2026-01-1689.56108.74-1.61PLD ahead
2026-01-1589.57108.37-1.59PLD ahead
2026-01-1489.26107.93-1.60PLD ahead
2026-01-1389.51106.30-1.44PLD ahead
2026-01-1287.56105.36-1.57PLD ahead
2026-01-0989.40105.63-1.41PLD ahead
2026-01-0887.34104.81-1.56PLD ahead
2026-01-0786.75103.59-1.53PLD ahead
2026-01-0688.03104.05-1.44PLD ahead
2026-01-0586.24105.87-1.80PLD ahead
2026-01-0285.36105.35-1.86PLD ahead
2025-12-3185.59104.21-1.75PLD ahead
2025-12-3085.98105.31-1.82PLD ahead
2025-12-2985.46104.88-1.85PLD ahead
2025-12-2685.27105.07-1.90PLD ahead
2025-12-2484.75105.43-2.01PLD ahead
2025-12-2384.91104.30-1.91PLD ahead
2025-12-2284.66104.16-1.94PLD ahead
2025-12-1984.73103.86-1.92PLD ahead
2025-12-1883.12104.21-2.15PLD ahead
2025-12-1783.54104.55-2.16PLD ahead
2025-12-1684.69104.17-2.02PLD ahead
2025-12-1585.05106.66-2.23PLD ahead
2025-12-1283.82106.27-2.36PLD ahead
2025-12-1184.24106.58-2.37PLD ahead
2025-12-1082.04105.89-2.60PLD ahead
2025-12-0982.74104.04-2.39PLD ahead
2025-12-0882.66103.40-2.37PLD ahead
2025-12-0582.84104.47-2.49PLD ahead
2025-12-0481.11104.64-2.76PLD ahead
2025-12-0381.85105.46-2.80PLD ahead
2025-12-0281.25105.25-2.91PLD ahead
2025-12-0181.91105.25-2.88PLD ahead
2025-11-2884.15104.92-2.62PLD ahead
2025-11-2683.83104.62-2.67PLD ahead
2025-11-2583.57103.99-2.69PLD ahead
2025-11-2484.97103.22-2.48PLD ahead
2025-11-2184.30102.69-2.55PLD ahead
2025-11-2084.09100.51-2.38PLD ahead
2025-11-1985.4699.92-2.16PLD ahead
2025-11-1887.04101.06-2.11PLD ahead
2025-11-1786.78100.83-2.15PLD ahead
2025-11-1487.75100.27-1.99PLD ahead
2025-11-1387.86101.22-2.11PLD ahead
2025-11-1290.84101.91-1.82PLD ahead
2025-11-1191.72103.07-1.86PLD ahead
2025-11-1092.51101.96-1.65PLD ahead
2025-11-0792.13102.53-1.79PLD ahead
2025-11-0691.52101.22-1.73PLD ahead
2025-11-0591.84101.08-1.69PLD ahead
2025-11-0492.71101.22-1.61PLD ahead
2025-11-0393.03101.40-1.61PLD ahead
2025-10-3194.51101.30-1.42PLD ahead
2025-10-3093.07101.41-1.63PLD ahead
2025-10-2989.11100.79-2.11PLD ahead
2025-10-2891.17102.63-2.08PLD ahead
2025-10-2794.14103.74-1.83PLD ahead
2025-10-2493.78103.21-1.83PLD ahead
2025-10-2392.93102.67-1.90PLD ahead
2025-10-2292.61102.82-1.98PLD ahead
2025-10-2191.82102.85-2.11PLD ahead
2025-10-2092.17103.82-2.20PLD ahead
2025-10-1790.92101.29-2.08PLD ahead
2025-10-1690.7998.91-1.80PLD ahead
2025-10-1591.85100.21-1.83PLD ahead
2025-10-1491.3194.24-1.12PLD ahead
2025-10-1390.0792.02-0.98PLD ahead
2025-10-1089.4390.80-0.91PLD ahead
2025-10-0990.3093.43-1.16PLD ahead
2025-10-0889.7794.69-1.41PLD ahead
2025-10-0787.9294.67-1.69PLD ahead
2025-10-0688.2395.62-1.79PLD ahead
2025-10-0386.9995.56-1.98PLD ahead
2025-10-0286.3094.79-1.99PLD ahead
2025-10-0186.4695.09-2.02PLD ahead
2025-09-3087.4993.49-1.64PLD ahead
2025-09-2987.3293.26-1.64PLD ahead
2025-09-2688.2993.22-1.49PLD ahead
2025-09-2587.4592.42-1.50PLD ahead
2025-09-2488.2292.13-1.34PLD ahead
2025-09-2389.7393.42-1.29PLD ahead
2025-09-2289.1593.00-1.31PLD ahead
2025-09-1988.3992.66-1.37PLD ahead
2025-09-1887.7294.01-1.66PLD ahead
2025-09-1787.0092.97-1.62PLD ahead
2025-09-1687.0593.09-1.63PLD ahead
2025-09-1588.4493.28-1.44PLD ahead
2025-09-1288.0994.16-1.60PLD ahead
2025-09-1189.0893.73-1.38PLD ahead
2025-09-1087.2090.60-1.20PLD ahead
2025-09-0987.0891.40-1.32PLD ahead
2025-09-0885.5192.70-1.72PLD ahead
2025-09-0586.4392.78-1.59PLD ahead
2025-09-0485.7891.93-1.56PLD ahead
2025-09-0385.1590.57-1.45PLD ahead
2025-09-0286.1990.86-1.33PLD ahead
2025-08-2987.8292.88-1.35PLD ahead
2025-08-2887.8491.95-1.21PLD ahead
2025-08-2788.3191.98-1.13PLD ahead
2025-08-2687.3390.90-1.12PLD ahead
2025-08-2587.4091.12-1.13PLD ahead
2025-08-2287.8591.66-1.13PLD ahead
2025-08-2186.2688.48-0.92PLD ahead
2025-08-2086.7289.94-1.05PLD ahead
2025-08-1986.4090.42-1.15PLD ahead
2025-08-1885.9886.07-0.61PLD ahead
2025-08-1587.2887.01-0.56PLD ahead
2025-08-1486.6186.41-0.56PLD ahead
2025-08-1387.5886.69-0.46near the usual relationship
2025-08-1287.9585.56-0.25near the usual relationship
2025-08-1186.7784.96-0.32near the usual relationship
2025-08-0886.7186.27-0.49near the usual relationship
2025-08-0787.0686.77-0.50PLD ahead
2025-08-0686.3586.31-0.53PLD ahead
2025-08-0587.0187.38-0.57PLD ahead
2025-08-0486.9585.89-0.37near the usual relationship
2025-08-0186.2185.64-0.42near the usual relationship
2025-07-3187.7187.17-0.42near the usual relationship
2025-07-3089.0388.56-0.41near the usual relationship
2025-07-2990.6189.57-0.34near the usual relationship
2025-07-2888.6587.44-0.31near the usual relationship
2025-07-2589.5390.03-0.51PLD ahead
2025-07-2488.2089.57-0.60PLD ahead
2025-07-2388.9489.80-0.53PLD ahead
2025-07-2289.4389.13-0.39near the usual relationship
2025-07-2188.1688.05-0.40near the usual relationship
2025-07-1886.8887.17-0.44near the usual relationship
2025-07-1786.6486.88-0.43near the usual relationship
2025-07-1685.5389.93-0.92PLD ahead
2025-07-1584.8988.67-0.85PLD ahead
2025-07-1484.9289.27-0.91PLD ahead
2025-07-1184.5389.12-0.94PLD ahead
2025-07-1084.7788.50-0.83PLD ahead
2025-07-0985.4286.85-0.55PLD ahead
2025-07-0885.7287.22-0.56PLD ahead
2025-07-0786.8186.80-0.38near the usual relationship
2025-07-0387.9188.18-0.40near the usual relationship
2025-07-0288.8288.42-0.32near the usual relationship
2025-07-0188.8587.00-0.15near the usual relationship
2025-06-3088.8685.81-0.01near the usual relationship
2025-06-2787.7086.22-0.18near the usual relationship
2025-06-2683.2885.22-0.58PLD ahead
2025-06-2592.0885.53+0.39near the usual relationship
2025-06-24101.2688.27+1.03EQIX ahead
2025-06-2399.4287.45+0.95EQIX ahead
2025-06-2098.6286.28+1.01EQIX ahead
2025-06-1899.0785.78+1.12EQIX ahead
2025-06-1799.0685.79+1.13EQIX ahead
2025-06-1699.2187.20+0.99EQIX ahead
2025-06-1399.7187.58+1.01EQIX ahead
2025-06-12100.1488.52+0.95EQIX ahead
2025-06-1199.8388.57+0.92EQIX ahead
2025-06-10101.3689.38+0.99EQIX ahead
2025-06-09101.3788.92+1.05EQIX ahead
2025-06-06102.1588.81+1.15EQIX ahead
2025-06-05101.6288.02+1.19EQIX ahead
2025-06-04101.9088.51+1.17EQIX ahead
2025-06-0399.9689.00+0.93EQIX ahead
2025-06-0299.4788.78+0.92EQIX ahead
2025-05-3099.2988.65+0.92EQIX ahead
2025-05-2999.1389.17+0.85EQIX ahead
2025-05-2898.3788.10+0.90EQIX ahead
2025-05-2797.9587.04+0.98EQIX ahead
2025-05-2396.4584.93+1.09EQIX ahead
2025-05-2296.7985.79+1.03EQIX ahead
2025-05-2195.9785.44+0.99EQIX ahead
2025-05-2097.8488.76+0.80EQIX ahead
2025-05-1998.0390.33+0.65EQIX ahead
2025-05-1697.8590.24+0.64EQIX ahead
2025-05-1596.8889.17+0.67EQIX ahead
2025-05-1495.9887.84+0.73EQIX ahead
2025-05-1397.0589.55+0.65EQIX ahead
2025-05-1297.2490.07+0.62EQIX ahead
2025-05-0996.5687.27+0.87EQIX ahead
2025-05-0896.1886.11+0.98EQIX ahead
2025-05-0797.4685.75+1.17EQIX ahead
2025-05-0697.7985.31+1.26EQIX ahead
2025-05-0598.6685.98+1.28EQIX ahead
2025-05-0297.8486.05+1.20EQIX ahead
2025-05-0196.2984.15+1.28EQIX ahead
2025-04-3096.1583.43+1.36EQIX ahead
2025-04-2995.1484.16+1.17EQIX ahead
2025-04-2894.3684.34+1.07EQIX ahead
2025-04-2593.6283.46+1.10EQIX ahead
2025-04-2491.2984.38+0.73EQIX ahead
2025-04-2390.4282.84+0.83EQIX ahead
2025-04-2288.3781.59+0.76EQIX ahead
2025-04-2186.3780.51+0.66EQIX ahead
2025-04-1788.2783.35+0.53EQIX ahead
2025-04-1686.9881.87+0.57EQIX ahead
2025-04-1587.9780.39+0.88EQIX ahead
2025-04-1487.5680.24+0.86EQIX ahead
2025-04-1186.7878.56+1.00EQIX ahead
2025-04-1086.1077.46+1.07EQIX ahead
2025-04-0989.0880.18+1.07EQIX ahead
2025-04-0882.6773.27+1.24EQIX ahead
2025-04-0783.5377.16+0.82EQIX ahead
2025-04-0485.5980.19+0.68EQIX ahead
2025-04-0389.5382.93+0.81EQIX ahead
2025-04-0292.8991.71+0.17near the usual relationship
2025-04-0191.2690.98+0.08near the usual relationship
2025-03-3191.0891.26+0.03near the usual relationship
2025-03-2889.7090.16+0.00near the usual relationship
2025-03-2792.1990.41+0.26near the usual relationship
2025-03-2692.8390.72+0.30near the usual relationship
2025-03-2593.9789.17+0.59EQIX ahead
2025-03-2495.2290.01+0.64EQIX ahead
2025-03-2193.2388.51+0.60EQIX ahead
2025-03-2095.1491.49+0.48near the usual relationship
2025-03-1995.5592.22+0.45near the usual relationship
2025-03-1893.9791.74+0.34near the usual relationship
2025-03-1795.7693.42+0.35near the usual relationship
2025-03-1493.5791.34+0.35near the usual relationship
2025-03-1393.1690.09+0.44near the usual relationship
2025-03-1295.5194.47+0.23near the usual relationship
2025-03-1193.4195.66-0.11near the usual relationship
2025-03-1092.7996.22-0.23near the usual relationship
2025-03-0796.0197.89-0.06near the usual relationship
2025-03-0697.4098.20+0.05near the usual relationship
2025-03-05102.88101.26+0.29near the usual relationship
2025-03-04101.6699.41+0.35near the usual relationship
2025-03-03101.72100.85+0.22near the usual relationship
2025-02-28101.05101.16+0.13near the usual relationship
2025-02-27101.70100.22+0.29near the usual relationship
2025-02-26101.6899.72+0.34near the usual relationship
2025-02-25101.28100.09+0.27near the usual relationship
2025-02-24101.5498.56+0.45near the usual relationship
2025-02-21102.7398.75+0.55EQIX ahead
2025-02-20105.0398.69+0.77EQIX ahead
2025-02-19104.9099.29+0.71EQIX ahead
2025-02-18104.1099.03+0.67EQIX ahead
2025-02-14104.2998.65+0.73EQIX ahead
2025-02-13103.1198.69+0.62EQIX ahead
2025-02-12104.4797.77+0.84EQIX ahead
2025-02-11105.4199.40+0.77EQIX ahead
2025-02-10105.3697.53+0.96EQIX ahead
2025-02-07104.2595.80+1.04EQIX ahead
2025-02-06104.8296.77+1.00EQIX ahead
2025-02-05104.6196.96+0.97EQIX ahead
2025-02-04103.2596.58+0.89EQIX ahead
2025-02-03102.2196.20+0.84EQIX ahead
2025-01-31102.0697.35+0.72EQIX ahead
2025-01-30103.0198.49+0.70EQIX ahead
2025-01-29101.4697.28+0.68EQIX ahead
2025-01-28101.3098.13+0.59EQIX ahead
2025-01-27100.5598.98+0.44near the usual relationship
2025-01-24105.1097.09+1.05EQIX ahead
2025-01-23105.1196.77+1.09EQIX ahead
2025-01-22103.3593.98+1.22EQIX ahead
2025-01-21104.3395.73+1.14EQIX ahead
2025-01-17102.2889.37+1.62EQIX ahead
2025-01-16102.7690.56+1.55EQIX ahead
2025-01-15100.5488.04+1.63EQIX ahead
2025-01-14100.3288.26+1.60EQIX ahead
2025-01-13100.5086.02+1.88EQIX ahead
2025-01-10100.5284.56+2.07EQIX ahead
2025-01-08106.2486.12+2.46EQIX ahead
2025-01-07105.0187.00+2.28EQIX ahead
2025-01-06105.0087.07+2.30EQIX ahead
2025-01-03107.2486.23+2.64EQIX ahead
2025-01-02105.4885.11+2.65EQIX ahead
2024-12-31105.3386.29+2.54EQIX ahead
2024-12-30104.5585.80+2.56EQIX ahead
2024-12-27105.3085.91+2.66EQIX ahead
2024-12-26105.9487.26+2.60EQIX ahead
2024-12-24106.1285.47+2.88EQIX ahead
2024-12-23104.9685.01+2.88EQIX ahead
2024-12-20103.5884.34+2.87EQIX ahead
2024-12-19102.9582.78+3.07EQIX ahead
2024-12-18103.4884.82+2.92EQIX ahead
2024-12-17107.3388.87+2.85EQIX ahead
2024-12-16107.0188.87+2.87EQIX ahead
2024-12-13107.8090.72+2.77EQIX ahead
2024-12-12108.9591.14+2.89EQIX ahead
2024-12-11108.7591.40+2.90EQIX ahead
2024-12-10107.4392.37+2.68EQIX ahead
2024-12-09108.2494.22+2.57EQIX ahead
2024-12-06110.0391.43+3.21EQIX ahead
2024-12-05108.7892.89+2.93EQIX ahead
2024-12-04107.8793.92+2.74EQIX ahead
2024-12-03107.6595.02+2.60EQIX ahead
2024-12-02107.7894.56+2.73EQIX ahead
2024-11-29109.6495.33+2.90EQIX ahead
2024-11-27109.3796.16+2.80EQIX ahead
2024-11-26109.2894.83+3.04EQIX ahead
2024-11-25108.8496.38+2.81EQIX ahead
2024-11-22104.6094.53+2.56EQIX ahead
2024-11-21103.1793.04+2.63EQIX ahead
2024-11-20102.6593.50+2.52EQIX ahead
2024-11-19103.1193.98+2.55EQIX ahead
2024-11-18101.6093.59+2.42EQIX ahead
2024-11-15100.2492.59+2.42EQIX ahead
2024-11-14100.3393.67+2.28EQIX ahead
2024-11-13100.6695.16+2.10EQIX ahead
2024-11-12100.8792.04+2.67EQIX ahead
2024-11-11102.0493.14+2.70EQIX ahead
2024-11-08102.8994.56+2.63EQIX ahead
2024-11-07101.4093.23+2.66EQIX ahead
2024-11-0699.5192.85+2.45EQIX ahead
2024-11-05101.5493.41+2.72EQIX ahead
2024-11-04100.0892.95+2.59EQIX ahead
2024-11-0199.2392.57+2.55EQIX ahead
2024-10-31101.4492.20+3.03EQIX ahead
2024-10-30101.6894.59+2.67EQIX ahead
2024-10-29101.2094.13+2.71EQIX ahead
2024-10-28101.9596.17+2.49EQIX ahead
2024-10-25102.1495.95+2.61EQIX ahead
2024-10-24100.0698.28+1.84EQIX ahead
2024-10-2399.5598.64+1.70EQIX ahead
2024-10-2298.1297.09+1.74EQIX ahead
2024-10-2198.3096.14+1.97EQIX ahead
2024-10-18100.00100.00+1.58EQIX ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jun 25, 2025 (EQIX -9.1%, PLD -3.1%); Jun 26, 2025 (EQIX -9.6%, PLD -0.4%); Feb 12, 2026 (EQIX +10.4%, PLD -2.5%). Upcoming earnings: EQIX Oct 28, 2026 (after-hours).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

2 simulated trades to Oct 20, 2026: -6.11% per trade on average after costs, 0 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long EQIX · Short PLDFeb 12, 2021Apr 29, 2021divergence stop76-$604.08-$55.37-$627.70 (-6.28%)
Long PLD · Short EQIXMar 9, 2020Mar 10, 2020divergence stop1-$550.81-$43.83-$595.18 (-5.95%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

EQIX and PLD at a glance

EQIX Equinix Inc. Common Stock REIT

Listing
Nasdaq · SEC CIK 1101239
Industry
Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
Market value
$96.3B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

PLD Prologis Inc.

Listing
NYSE · SEC CIK 1045609
Industry
Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
Market value
$117.6B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
WELL / PLDWatchlistWELL by 2.56 sdReal Estate Investment Trusts
WELL / EQIXWatchlistWELL by 1.28 sdReal Estate Investment Trusts

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Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.